Only 1 of the Philadelphia area's 10 most common jobs can buy a home in Merchantville
The typical house costs $357,907. At today's 7.32% mortgage rate, buying it takes $105,248 a year.
ESTIMATEHome price for Merchantville. Rent, jobs, and tax for the Philadelphia area. How the estimate works
THE PHILADELPHIA AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $76K
Rent house $92K
Buy $105K
You
Enter your pay above to add your row
General and operations managers
$121,630Can buy
Registered nurses
$101,180Rent a house
Office clerks, general
$47,060Rent over 30%
Laborers and freight, stock, and material movers, hand
$43,460Rent over 30%
Stockers and order fillers
$36,800Rent over 30%
Waiters and waitresses
$36,570Rent over 30%
Retail salespersons
$34,810Rent over 30%
Cashiers
$33,050Rent over 30%
Fast food and counter workers
$32,220Rent over 30%
Home health and personal care aides
$29,800Rent over 30%
Each line is the yearly pay where that home fits the rule: rent at 30% of pay or less, and the mortgage, tax, insurance, and HOA at 28% of pay or less.